Jayud Securities Suits Push Investors Toward Jan. 20 Lead-Plaintiff Deadline
Investors have until January 20, 2026 to seek a lead role in early-stage cases alleging a social-media pump-and-dump and disclosure lapses.
Overview
- Complaints describe a sharp early April 2025 surge from about $1 to roughly $8 per share followed by an approximately 95% collapse on April 2, 2025.
- Filings allege a promotion campaign that used social media and impersonated financial professionals to stoke retail demand for Jayud shares.
- Plaintiffs claim insiders or affiliates coordinated share sales through offshore or nominee accounts during the period of alleged price inflation.
- The suits assert that public statements and risk disclosures omitted artificial trading activity, making positive comments about the business misleading.
- Rosen, Portnoy, and Berger Montague have issued investor notices covering an April 21, 2023–April 30, 2025 class period, offer contingency-fee evaluations, and note that no class has been certified.